Veralto Corporation (VLTO) Financial Statements

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Veralto financial statements at a glance

Veralto reported revenue of $5.50 billion for fiscal year 2025 (ended December 31, 2025), up 6.0% from fiscal year 2024. Net income was $940.00 million, a net margin of 17.1%, and diluted earnings per share were $3.76.

At the end of fiscal year 2025 it had total assets of $7.69 billion, total liabilities of $4.59 billion and shareholders' equity of $3.11 billion, with cash and short-term investments of $2.03 billion and total debt of $2.88 billion.

Its operations brought in $1.08 billion of cash; capital spending was $63.00 million, leaving free cash flow of $1.01 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

VLTO logo

Veralto Corporation

VLTOUnited States
Manufacturing and Production
USD (Local)

Income Statement

Annual • USD

Total Revenue
5.50B
Prev Year: 5.19B
YoY: +6.0%
Operating Revenue
5.50B
Prev Year: 5.19B
YoY: +6.0%
Total Unusual Items Excluding Goodwill
-10.00M
Weighted Average Shares (diluted)
250.30M
Weighted Average Shares (basic)
248.30M
Diluted EPS
3.76
Basic EPS
3.79
Special Income Charges
-9.00M
Gain on Sale of Business
-6.00M
Write-offs
3.00M
Gain on Sale of Securities
-1.00M
Cost of Revenue
2.20B
Prev Year: 2.09B
YoY: +5.6%
Gross Profit
3.30B
Prev Year: 3.10B
YoY: +6.2%
Operating Expense
2.02B
Prev Year: 1.90B
YoY: +6.6%
Selling General and Administrative
1.76B
Prev Year: 1.64B
YoY: +6.8%
Research and Development
266.00M
Prev Year: 253.00M
YoY: +5.1%
Operating Income
1.28B
Prev Year: 1.21B
YoY: +5.7%
Net Non Operating Interest Income Expense
-96.00M
Prev Year: -113.00M
YoY: +15.0%
Non-operating Interest Expense
96.00M
Prev Year: 113.00M
YoY: -15.0%
Other Income Expense
-8.00M
Prev Year: -9.00M
YoY: +11.1%
Other Non-operating Income (expense)
2.00M
Prev Year: -9.00M
YoY: +122.2%
Pre-tax Income
1.17B
Prev Year: 1.09B
YoY: +8.0%
Provision for Income Taxes
233.00M
Prev Year: 253.00M
YoY: -7.9%
Net Income Common Stockholders
940.00M
Prev Year: 833.00M
YoY: +12.8%
Net Income
940.00M
Prev Year: 833.00M
YoY: +12.8%
Net Income Including Non-Controlling Interests
940.00M
Prev Year: 833.00M
YoY: +12.8%
Net Income from Continuing Operations
940.00M
Prev Year: 833.00M
YoY: +12.8%
Diluted NI Available to Com Stockholders
940.00M
Prev Year: 833.00M
YoY: +12.8%
Total Operating Income as Reported
1.28B
Prev Year: 1.21B
YoY: +5.7%
Total Expenses
4.23B
Prev Year: 3.98B
YoY: +6.0%
Net Income from Continuing and Discontinued Operation
940.00M
Prev Year: 833.00M
YoY: +12.8%
Normalized Income
948.01M
Prev Year: 833.00M
YoY: +13.8%
Interest Expense
96.00M
Prev Year: 113.00M
YoY: -15.0%
Net Interest Income
-96.00M
Prev Year: -113.00M
YoY: +15.0%
EBIT
1.27B
Prev Year: 1.20B
YoY: +5.8%
EBITDA
1.35B
Prev Year: 1.28B
YoY: +5.5%
Reconciled Cost of Revenue
2.20B
Prev Year: 2.09B
YoY: +5.6%
Reconciled Depreciation
78.00M
Prev Year: 78.00M
YoY: 0.0%
Net Income from Continuing Operation Net Minority Interest
940.00M
Prev Year: 833.00M
YoY: +12.8%
Normalized EBITDA
1.36B
Prev Year: 1.28B
YoY: +6.3%
Tax Rate for Calcs
0.199
Prev Year: 0
Tax Effect of Unusual Items
-1.99M
Prev Year: 0
Total Unusual Items
-10.00M
Values in USD

Veralto key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$5.5B$5.2B$5.0B$4.9B$4.7B
Gross profit$3.3B$3.1B$2.9B$2.8B$2.7B
Operating income$1.3B$1.2B$1.1B$1.1B$1.0B
Net income$940.0M$833.0M$839.0M$845.0M$861.0M
Diluted EPS$3.76–$3.40$3.43$3.49
Total assets$7.7B$6.4B$5.7B$4.8B$4.8B
Total liabilities$4.6B$4.4B$4.3B$1.6B$1.6B
Shareholders' equity$3.1B$2.0B$1.4B$3.2B$3.2B
Cash and short-term investments$2.0B$1.1B$762.0M$0–
Total debt$2.9B$2.8B$2.8B$123.0M$135.0M
Operating cash flow$1.1B$875.0M$963.0M$870.0M$896.0M
Capital spending$63.0M$55.0M$54.0M$34.0M$54.0M
Free cash flow$1.0B$820.0M$909.0M$836.0M$842.0M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Veralto's revenue in fiscal year 2025?

$5.50 billion, up 6.0% from $5.19 billion in fiscal year 2024.

How much profit does Veralto make?

Veralto reported net income of $940.00 million for fiscal year 2025 (17.1% of revenue); operating income was $1.28 billion.

How much cash and debt does Veralto have?

At the end of fiscal year 2025: cash and short-term investments of $2.03 billion and total debt of $2.88 billion.

What is Veralto's free cash flow?

$1.01 billion in fiscal year 2025 (operating cash flow of $1.08 billion minus capital spending of $63.00 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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